Industrial Energy Management System Market

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Industrial Energy Management System Market
Global Industrial
Energy Management
System Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Report
Description
Report Description
The major operating cost expense of today’s industries is the energy consumed in the
production and other activities of the factory. These industries includes the automobiles,
chemicals, aluminium, oil refineries, steel, paper and various other industries. Also
industries are trying hard to make their manufacturing processes more efficient and
clean. Moreover, industries are also abide of energy management standards and
stringent environmental regulations regarding the consumption and utilization of energy.
To cater with all these issues there is a need of energy management system, energy
management system is an energy consumption monitoring at factory level and centralizes
the operations and monitoring of the energy systems. Energy management system is an
effective way for energy utilization in a rational manner, energy distribution optimization.
Mostly, energy management system is used in steel enterprises to handle their complex
energy system for energy balance optimization, low energy consumption, energy
management efficiency, higher productivity, and low coal gas discharge. The global
energy management system market is expected to expand at a modest CAGR in the
forecast period.
Global Industrial Energy Management System Market: Drivers and Restrains
The ever increasing steel plants globally and their need for energy management and to
lower their production cost are the factors driving the global industrial energy
management system market.
Report
Description
Report Description
Also the rising concerns for the environment and the restraints imposed by the
environmental bodies are pushing the factory owners to implement energy management
system for their production units, leading to the growth in global industrial energy
management system market.
However, the high cost involved in the initial set up of the energy management system
and the long recovery period of that cost is expected to hamper the growth of global
energy management system market. Also skilled operators are required to operate this
energy management systems that can further act as a damping factor in the global
energy management system market.
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Global Industrial Energy Management System Market: Segmentations
On the basis of technology, the global industrial energy management system market is
segmented as follows:
Energy Platform
Distributed Control System (DCS)
Report
Description
Report Description
Meter Data Management (MDM)
Peak Load Control System (PLCS)
Programmable Logic Controls (PLC)
Energy Analytics
On the basis of service, the global industrial energy management system market is
segmented as follows:
Consulting
System Integrators
Maintenance & Support Services
On the basis of end-use industry, the global industrial energy management system
market is segmented as follows:
Electronics
Oil & Gas
Petrochemical
Food & Beverages
Automobiles
Report
Description
Report Description
Global Industrial Energy Management System Market: Region Wise Outlook
The global industrial energy management system market can be divided into seven
regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific, Japan and Middle East and Africa. Asia Pacific is the most dominant player in the
global industrial energy management system market due to its flourishing steel, oil & gas
industry and the need to comply with the rules and regulations of the environmental
regulatory bodies. North America is the next major contributor in the global energy
management system market for its booming food & beverages sector, and petrochemical
industry and the rising concern for the efficient management of energy. Europe is well
known for its automobiles market and due to which it is witnessing a healthy growth rate
in the global industrial energy management system market. Latin America and Middle
East and Africa are at a nascent stage in the global industrial energy management system
market and is anticipated to have a significant growth rate in the forecast period.
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Global Industrial Energy Management System Market: Key Players
Some of the key players in the global industrial energy management system market are:
Emerson Electric Co
Operation Technology, Inc
Capterra Inc.
Report
Description
Report Description
Luxoft
General Electric
Shanghai Baosight Software Co., Ltd.
Rockwell Automation, Inc.
Hatch Ltd
EFT
Azbil Corporation
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